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1 CBO's Recent Publications and Work in Progress as of December 31, 2021 1 (January 7, 2022)

handle is hein.congrec/cbsrtpsad0001 and id is 1 raw text is: Congressional Budget Office Nonpartisan Analysis for the U S. Congress CBO's Recent Publications and Work in Progress as of Decermber 31, 2021 JANUARY 2022 To provide the Congress with a comprehensive review of its work, the Congressional Budget Office publishes quarterly reports, like this one, highlighting recent work and summarizing work in progress.1 Recent Work Over the past three months, CBO has provided a variety of budget and economic analyses, fulfilling the agency's core mission of supporting the Congress during each stage of the legislative process. The agency has published 122 cost estimates for legislation that was reported by a committee or that was the subject of a motion to be placed on the consensus calendar. Much of that work was related to H.R. 5376, the Build Back Better Act. Before the House of Representatives passed that legislation, CBO released detailed estimates for each of the bill's titles as well as a summary of the bill's budgetary effects; all told, CBO prepared more than 200 pages of tables. A compilation of that work is available on the agency's website. CBO also published supplemental information on related topics, such as the economic effects of expanding subsidized child care. Furthermore, CBO published a letter that estimated the budgetary effects of making specified policies in H.R. 5376 permanent rather than temporary. In addition, since its last quarterly report on work in progress, CBO has released 17 reports and working papers; they satisfied statutory requirements, fulfilled Congressional requests, or provided economic and budgetary analysis or technical information (see Table 1 on page 5). Some of those publications provided analysis of the economic and budgetary situation. On November 30, CBO updated its projections of when the government, constrained by the statutory limit on federal debt, would run out of cash and be unable to pay its obligations fully. CBO also produced the next edition of a recurring report on its projections of federal receipts and expenditures in the national income and product accounts, which track current economywide production and the resulting income and show how the federal budget fits within that framework. CBO's products also presented analysis to inform policy discussion and debate. One report examined the distribution of major tax expenditures in 2019. Another analyzed how the Veterans Community Care Program has affected veterans' access to care. 1. For the previous report, see Congressional Budget Office, CBO's Recent Publications and Work in Progress as of September 30, 2021 (October 2021), www.cbo.gov/publication/57428.

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